3799 stories by Philip Conneller
‘Loss-Making’ Fan Duel Contributes to Paddy Power Betfair’s Revised Earnings Forecast
Paddy Power Betfair (PPB) has said that losses incurred by its US operations, the FanDuel Group, has forced it to revise its earnings outlook for the year. Meanwhile, a lucrative World Cup failed to offset higher betting taxes in Australia and disappointing...
‘World Buddhism’ Group Buys 12.2 Acre, $17.5 Million Land By SLS, But Lacks Funds to Build Temple
A Southern California-based group known as the World Buddhism Association Headquarters -- which holds questionable status in the mainstream Buddhist world -- has come up with $17.5 million for a 12.2 acre plot of land that sits adjacent to the SLS off...
Charles Oakley Hires Celeb Las Vegas Defense Attorney David Chesnoff, Sidesteps Felony from Cosmopolitan Cheating Charge
Former NBA star Charles Oakley has been fined $1,000 by a Las Vegas court after pleading no contest to a charge of disorderly conduct in relation to an alleged cheating incident at the Cosmopolitan last month. Oakley brought in high-powered defense team...
Scientific Games Dealt Losing Hand in Antitrust Case, Owes Competitors $315 Million in Damages
Scientific Games Corp has been ordered to pay $315 million to competitors after a federal court in Chicago ruled it had launched “frivolous lawsuits” to assert “sham patents” in a bid to monopolize the market in automatic card shufflers. The Las Vegas-based...
New Downtown Las Vegas Sign Goes Retro, City Officials Embrace Vintage Showgirl Theme
The entrance point to downtown Las Vegas from the Strip -- just north of the Stratosphere -- will be marked by a dramatic new sign welcoming visitors into the area for the first time officially on Tuesday. A pair of 26-foot-tall backlit...
Former Nevada Governor and Casino Industry Reformer Paul Laxalt Dead at 96
Paul Laxalt, the former Nevada governor who helped clean up and stabilize the state’s gaming industry in the 1970s, has died at 96. His family said the grandfather of current GOP gubernatorial candidate Adam Laxalt passed away of natural causes at a...
Elaine Wynn Buries Hatchet with Wynn Resorts as Phil Sartre Becomes Vice-Chairman
Gaming industry veteran Phil Sartre has been appointed vice-chairman of Wynn Resorts in a move that should ease tensions between the company and its biggest shareholder and co-founder, Elaine Wynn. Satre, who is the former CEO of Harrahs, now Caesars, is expected...
DraftKings Sportsbook Goes Live, Becomes New Jersey’s First Online Sports Betting Platform
DraftKings has won the race to offer a full-scale digital sports betting platform in the New Jersey market, the first such platform that exists in the US outside Nevada. DraftKings Sportsbook launched in earnest on Monday morning after a week of invite-only...
Seattle Poker Players Cry Foul Over Lost Tribal Casino Jackpot Fund
What's the fate of a Seattle, Washington player-funded jackpot when a poker room closes? That's what customers at the Snoqualmie Casino, just outside Seattle, want to know, as their poker jackpot is about to disappear into the ether -- or at least, into...
Connecticut Sports Betting Deadline Set By Governor Dannel Malloy, Legislature Has Until End of Week
Connecticut Governor Dannel Malloy has asked the legislature to tell him by the end of the week whether state lawmakers are committed to moving on sports betting this year, but it isn’t yet clear whether there is an appetite for a special...
